Can I get final expense insurance if I have diabetes?
Yes, it is possible to get final expense insurance if you have diabetes. Most insurance companies will ask a few health questions about diabetes. If you have diabetes the underwriter may consider the follow:
- How old were you when you were first diagnosed?
- Are you controlling your diabetes by diet, pill or insulin?
- If you’re taking insulin how old were you when you started?
- How much insulin are you taking?
- If you’re taking insulin do you also have other health issues?
- Are you stable on your medication or insulin?
- Is your diabetes being controlled?
It is possible to get an immediate death benefit even if you’re taking insulin. Of course, some companies may only issue a Level/Immediate, modified level, graded level or guaranteed issued final expense insurance policy. Everything depends on your answers to all the health questions.
As brokers we know which companies will issue a final expense insurance policy to a diabetic and at which level. Based on your answer to the health questions, we know which final expense company will cover you.
